The fact of the matter is, no matter how we look at vehicles, they are first and foremost products. Products, as we know, are made for the specific reason of fulfilling a need, which entails development and production costs,

Tesla on Tuesday unveiled plans to sell cheaper alternatives of its Model Y and Model 3 cars, its first product release in years, as Elon Musk’s automaker created more affordable options for its bestselling vehicles in an apparent move to offset the ...

Model Y is crucial for Musk; it accounts for roughly two-thirds of Tesla's global sales (though this fluctuates). Last year, however, according to JATO Dynamics, the Y lost its top slot in the rankings for world’s top-selling car in 2024 to Toyota.

Tesla has stopped taking new orders for its flagship Model S sedan and Model X crossover in Europe, as confirmed by the EV brand’s configurator in the region. For buyers there who want one of these cars, the only option is to select a model from current ...

Elon Musk said Tesla Inc. needs to build and operate what he is calling a “TeraFab” to manufacture semiconductors, a massive undertaking that will cost billions of dollars and mark another expansion beyond what had been the company’s core electric vehicle business.

For nearly two decades, CEO Elon Musk has promised Tesla would make a more affordable electric vehicle, to, as he put it in 2006, “help expedite the move from a mine-and-burn hydrocarbon economy towards a solar electric economy.” Is it finally here?